1990 History/Videos

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1990 Following the Iraq invasion of Kuwait Desert
Shield Begins as the United States and UK send troops to Kuwait. The US
enters a bad recession which will have repercussions over the next few
years throughout the world. This is also the year "The Simpson's"
is seen for the first time on FOX TV. Following the Berlin Wall falling
East and West Germany reunite. In technology Tim Berners-Lee publishes
the first web page on the WWW and it shown that there is a hole in the
Ozone Layer above the North Pole, also the First in car GPS Satellite
Navigation System goes on sale from Pioneer.

Cost of Living 1990

How Much things cost in 1990
Yearly Inflation Rate USA 5.39%
Year End Close Dow Jones Industrial Average 2633
Interest Rates Year End Federal Reserve 10.00%
Average Cost of new house $123,000.00
Average Income per year $28,960.00
Average Monthly Rent $465.00
Cost of a gallon of Gas $1.34
Price for a new Isuzu Rodeo $12,4900.00
IBM PS1 Computer From $999.00-$1,999.00

What Events Happened in 1990

Saddam Hussein
orders Iraq invasion of Neighboring Kuwait

Operation Desert Shield Begins as the
United States and UK send troops to Kuwait

Lech Walesa becomes president of Poland

The Saturn range of cars are launched
by GM

Earthquake in Iran kills 50,000

Americas Favorite animated family "The
Simpson's" is aired on Fox for the first time

The US Enters a Major Recession

A Formal Ban on the Trade of Ivory
is introduced

Nelson Mandella is released from Prison
in South Africa after 28 years

Industrialized countries agree to stop
dumping waste into the oceans of the world.

John M. Poindexter (Former national
security adviser) is convicted on multiple felony counts

Margaret Thatcher announces her resignation
as British PM

A stampede of religious pilgrims in a pedestrian
tunnel in Mecca leaves 1,400 dead

A fire at an unlicensed social club called
"Happy Land" in New York City kills 87

Opposition Parties in South Africa
are legalized Nelson Mandella released from prison and becomes leader
of the African National Congress ( ANC )

The Leaning Tower of Pisa is closed
to the public due to safety concerns of it falling over

East and West Germany reunite including
currency and economies

President George Bush and Soviet leader
Mikhail Gorbachev sign a historic agreement to end production of
chemical weapons

Throughout the year demonstrations are held
in cities in the UK in protest at the new poll tax

Philippines, an earthquake measuring
7.7 on the Richter Scale kills over 1600

Soviet Union leader Mikhail Gorbachev
is awarded the Nobel Peace Prize for his efforts to lessen Cold War
tensions and reform his nation

Tim Berners-Lee publishes a more formal proposal
for the World Wide Web and the first web page is written

Channel Tunnel workers from the United
Kingdom and France meet 40 meters beneath the English Channel seabed,
establishing the first ground connection between the United Kingdom
and the mainland of Europe since the last ice age

Art thieves steal 12 works of art from the
Isabella Gardner Museum in Boston

Prisoners Riot in Strangeways Prison in Manchester,
England keeping control of the prison for 25 days